Ives names five top tech picks into 2027
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Dan Ives, a former Wedbush technology analyst, on Wednesday named Nvidia (NVDA), Microsoft (MSFT), Palantir Technologies (PLTR), Apple (AAPL), and CrowdStrike (CRWD) as his top five technology picks into 2027.
"Initiating tech coverage tonite. In our view, investors underestimating the scale and scope of this $4 trillion dollar spending wave next few years," said Ives in a social media post.
He also identified Tesla (TSLA) as his preferred disruptive technology play.
Shares of Nvidia have gained about 27% so far this year, while Microsoft and Apple are up about 12% and 23%, respectively. Palantir has risen about 14%, while CrowdStrike has surged nearly 146%. Tesla shares have fallen about 14% year to date.
Goldman Sachs has estimated that global spending on AI-related infrastructure could reach $4T by 2030, given the scale of investment expected to flow into data centers, chips, and related technology.
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